The group, via wholly-owned unit Siangtronics Technology Sdn Bhd, entered into an agreement with manufacturer of industrial equipment SRM Integration (Malaysia) Sdn Bhd for the sale of the two-storey factory-cum-office building.

Noteworthy:

• Leasehold

• Semi-furnished 

• Built-up: 3,111 sq ft

• 4 rooms, 5 bathroom

• Amenities: Mid Valley Megamall, The Gardens

• Accessibility: Walking distance to Mid Valley KTM station and Abdullah Hukum LRT station, Federal Highway

When: October 2021

The group said the lower profit was mainly due to the impact of higher raw material prices and freight costs for its consumer packaging business and deferment of Certificate of Completion and Compliance issuance in certain developments.

Describing Putrajaya's approval for the MRT3 as "timely" and "a shot in the arm for the rather muted construction sector", they pointed out that Gamuda's previous participation in MRT1 and MRT2 via the MMC-Gamuda joint venture (JV) will put the company in good stead for the latest project which was announced on Tuesday (March 15)

This is after Transport Minister Datuk Seri Dr Wee Ka Siong in his speech said that the government is looking for ways to integrate all the train lines in the Klang Valley — Mass Rapid Transit (MRT), Light Rail Transit (LRT), Monorail, Keretapi Tanah Melayu Bhd (KTM) and the East Coast Rail Link (ECRL).

MoF will issue government-guaranteed Islamic bonds to raise the required funds for the massive rail transportation project, according to Mass Rapid Transit Corp Sdn Bhd (MRT Corp) chief executive officer (CEO) Datuk Mohd Zarif Hashim.

“Residents in the specified areas have not been allowed to return to their homes while awaiting further studies from technical agencies that will be coordinated by the Ampang Jaya Municipal Council (MPAJ) through IKRAM (Public Works Institute of Malaysia). 

The group, via its wholly-owned unit Advancecon Infra Sdn Bhd (AISB), has accepted the Letter of Acceptance from Sime Darby Property (Bukit Raja) Sdn Bhd for the appointment of AISB as the contractor for the proposed construction and completion of earthworks and other related works for the development of Phase 2 (R6, R8, R9, and C5) at Bandar Bukit Raja 2, Kapar district. 

Xin Hwa said the e-fulfilment centre is a purpose-built building, specially designed to facilitate e-commerce logistics and to support the booming e-commerce market, which entails high volume and smaller-sized packages in general. 

Noteworthy:

• Freehold
• Semi-furnished 
• Built-up: 5,280 sq ft
• Land size: 1,600 sq ft
• Six washroom
• Accessibility: Easy access to multiple highways such as the Federal Highway, Shah Alam Expressway (KESAS), New Pantai Expressway (NPE), SPRINT Highway, New Klang Valley Expressway (NKVE) and walking distance to Taipan LRT station. 

When: January 2022